Public and Private Sector David Slavata

The Definition The basic criteria: Ownership Finance Legality The public sector is the part of economy which is managed by public administration, it is under public control, owned by the public, provides public goods, financed from public budgets.

The profit sector Non profit sector Public Private Households The position of state institutions from the point of the national economy The profit sector Non profit sector Public Private Households

Criteria: Financing, Ownership, Legality Public non profit sector NGO The position of state institutions from the point of the financing, ownership, legality (Pestoff theorem) Criteria: Financing, Ownership, Legality Public non profit sector NGO Private profit sector Households

The Public Administration State administration The central instituions of state administration The local institutions of state administration Self governmented administration Regions Cities Question: What is the importance of government?

NGO´s Self benefical Publicly benefical

Examples Private societies (gardeners, sport fishermans, beekeepers) Charities Political parties (societies) Church societies Fundations

Private profit sector Ltd. Share hold companies Self employed persnons